Check Your Used Car Credit Score Before Going to the Dealer

Checking your credit score is something that should begin months before you start the car buying process. Why? Inaccuracies can sneak onto your credit profile that you are not aware of until you apply for credit and fixing errors can take up to three months to be removed.

Credit Monitoring can help protect your credit score and even your identity with the daily monitoring of all three credit bureaus while giving you alerts if there are changes to your credit that could affect your credit score.

What you'll get when signing up for a 30-day free trial membership:

  • Free credit monitoring from all three major credit bureaus
  • Snapshot of your credit
  • Details on who has viewed your credit score
  • Access to your free online credit score

Your Lender will Examine Your Credit Score - So Should You!

  • Completely safe and secure
  • Easy-to-read and understand
  • Includes instruction on disputing inaccurate information.
  • Make sure you get the interest rate you deserve.

How Your Credit Score is Calculated

There are several types of credit scores, but lenders often use the FICO score, which ranges from 300 to 850.

Your FICO score measures five key criteria and can vary slightly, based on which credit reporting agency issues the score. The information that shapes these criteria comes from your credit report and includes:

  • Length of credit history
  • Types of credit lines
  • Payment history on those credit lines
  • Amounts owed on those credit lines
  • New credit lines — how many and over what period of time

Credit Score Below 620?

Have a credit score below 620? There are ways to improve your credit rating.The Better Business Bureau offers tips for improving your rating.

Credit Reports: What to do with Your Credit Report

Start searching for inaccuracies: Look for accounts that do not belong to you, have been closed, or have incorrect limits and balances. If you discover inaccuracies, write to the reporting credit bureau and submit evidence to the contrary. By law, they must substantiate any claims.